Inflows of foreign direct investment (FDI) in China’s non-financial sectors jumped 6 percent from the previous year, to 62.57 billion yuan (US$9.61 billion) in April, Chinese state-run news agency Xinhua reported.
In the first four months of this year, FDI to China increased 4.8 percent year-on-year to 286.78 billion yuan, the Chinese Ministry of Commerce was quoted saying on Tuesday.
Investment in the service sector accounted for 70.2 percent of the total FDI inflow in the January-April period, amounting to 201.4 billion yuan, the report added.
The National Bureau of Statistics of China also announced on Tuesday the consumer price index in China had risen 2.3 percent year-on-year in April, but added the index was flat sequentially compared to March and February.
China’s producer price index, a gauge of wholesale prices at producer level, fell 3.4 percent year-on-year in April, narrowing from a 4.3 percent drop in March and a 4.9-percent decline in February, the bureau added.